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@ISIDEWITHQuestionsthe Economy7mos ago

Should the EU create a capital market union?

A capital markets union would create a single market for capital in the EU. It would create a single market for private capital in the EU territory. Proponents argue that the union would integrate capital markets and protect the Eurozone from financial crises. In 2023 France, Italy, Spain, the Netherlands and Poland argued that the overhaul of financial markets would help tap private capital for Europe’s huge investment needs in defense and the green transition, which run to hundreds of billions of euros a year. Opponents (including a majority of the EU’s 27 member states) argue that the union would cede national control and give more regulatory power to Brussels.

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 @ISIDEWITH submitted…4 days4D

Texas Offers Trump 1,400 Acres for His Mass Deportation Dream

Officials in Texas have offered President-elect Trump a 1,400-acre ranch for his mass deportation plan.Dawn Buckingham, land commissioner of the Texas General Land Office, said in a letter to Trump Tuesday that her office was “fully prepared” to work with federal agencies that are going to be involved in Trump’s immigration plan, and specifically deportation.Buckingham offered Trump a 1,402-acre lot in Starr County. The lot is owned by the Texas General Land Office and is roughly 35 miles west of McAllen, Texas.She said the agency is ready to work with the Department of Homeland Security and Immigration and Customs Enforcement (ICE) or the U.S. Border Patrol to build a facility on the land for “the processing, detention, and coordination of the largest deportation of violent criminals in the nation’s history.”“I am committed to using every available means at my disposal to gain complete operational security of our border,” Buckingham wrote.The letter and offering of land were first reported by The Texas Tribune. Last month, the state bought the land along the U.S.-Mexico border and has plans to build a wall.In the letter, Buckingham criticized her predecessor for not allowing a border wall to be built on the property. Those actions “enabled cartel members and violent criminals to sexually abuse migrant women and children on this land,” she said.On Monday, Trump signaled he would declare an immigration national emergency and use military assets to support his mass deportation plan when he returns to office.

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 @ISIDEWITH submitted…3 days3D

Donald Trump nominates Pam Bondi as the next Attorney General

Former President and 2024 Republican presidential candidate Donald Trump has announced his intention to nominate former Florida Attorney General Pam Bondi as the next Attorney General of the United States, should he reclaim the presidency in the upcoming election.Bondi, a prominent figure in Republican politics, served as Florida's Attorney General from 2011 to 2019. She gained national attention for her legal battles on issues such as health care reform, consumer protection, and opioid abuse litigation. Known for her steadfast support of Trump during his presidency, Bondi also served as a key adviser during his first impeachment trial, where she defended his administration against accusations of abuse of power.In a statement released by his campaign, Trump praised Bondi’s “unwavering commitment to justice” and her “track record of standing up for everyday Americans against the abuses of Washington’s elites.”“Pam Bondi has been a fearless advocate for the people, and she embodies the principles of fairness, accountability, and the rule of law that are sorely needed to restore trust in our justice system,” Trump said. “She is the right person to lead the Department of Justice into a new era of integrity and excellence.”While Bondi’s nomination has been met with applause from conservative circles, it has also reignited criticism from Democrats and ethics watchdogs. Her acceptance of a $25,000 donation from the Trump Foundation in 2013, which coincided with her decision not to pursue an investigation into Trump University, has drawn scrutiny in the past and resurfaced following the announcement.Democratic leaders have already voiced opposition, questioning Bondi’s ability to lead the Department of Justice independently. Senator Amy Klobuchar (D-MN) called the nomination “a political power play” and urged a focus on “restoring integrity, not entrenching partisanship.”

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 @ISIDEWITH submitted…3 days3D

Trump Blindsided by Assault Allegation Against Pete Hegseth

Members of President-elect Donald Trump’s transition team were blindsided by the latest details to emerge about a 2017 sexual-assault allegation against Pete Hegseth, increasing their frustration with the man nominated to lead the Pentagon, according to people familiar with the matter.The transition team, which hadn’t been told about the original allegation before announcing Hegseth, was surprised again late Wednesday night when the Monterey, Calif., city police released a report about the 2017 allegations. The heavily redacted report details a boozy night at a hotel in California, a poolside argument and two conflicting versions of what ultimately took place inside Hegseth’s hotel room.The Monterey police said a redacted version of the report had been released to Hegseth on March 30, 2021. The transition team wasn’t told that a copy of the police report had been released to Hegseth previously, the people familiar with the discussions said.“This is another instance of people being blindsided, so I think there’s rising frustration there,” said a person familiar with the transition. While the president-elect is still behind Hegseth for now, “if this continues to be a drumbeat and the press coverage continues to be bad, particularly on TV, then I think there is a real chance that he loses Trump’s confidence.”Hegseth told reporters on Capitol Hill on Thursday after meetings with senators that “the matter was fully investigated and I was completely cleared.” Through his lawyer, he has acknowledged the sexual encounter but said it was consensual, while the woman who made the allegation hasn’t spoken publicly.The details about the incident contained in the report, which was released to media the evening before Hegseth was set to meet Thursday with a number of senators, are likely to draw renewed scrutiny to the allegations at a pivotal moment for his nomination. Hegseth was already bracing for a bruising confirmation hearing next year amid questions about the alleged sexual misconduct and his qualifications for the job.

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